Brazil said it is hard to see Paraguay rejoining Mercosur and Unasur before next year’s presidential election. The two blocks suspended the landlocked country following the removal of Fernando Lugo last June and replacing him with President Federico Franco.
Brazilian president Dilma Rousseff announced on Monday an ambitious program to boost and make competitive the fishing industry doubling catches for which she promised the government would invest 4.1bn Reais (2bn dollars).
Police in Sao Paulo said on Monday they had arrested the former head of bankrupt Brazilian lender Banco Cruzeiro do Sul on charges of money laundering and crimes against the country's financial system and capital markets.
The man known in Argentina as “soybean king” said the country was facing a “new industrial revolution”, but factories now won’t have chimneys because they will really be “green factories”.
Former Argentine central bank president, IMF economist and Bank of England consultant Mario Bléjer said that with clear long term policies Argentina could rapidly become the “Saudi Arabia of food” because food demand at world level will grow 20% in the next decade.
Argentine president Cristina Fernández in a national broadcast blasted ‘vulture funds’ retaining the impounded training frigate ARA Libertad in Ghana and pledged never to yield the dignity and sovereignty of the country to these funds.
By R. Viswanathan (*) - During the sixth China - Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a report on Latin American investment in China.
By Teresita D'Alessandro* - Reading “How to Look Expensive,” the new book written by Glamour Magazine’s Contributing Beauty Editor, Andrea Pomerantz Lustig, makes you feel like you found the pot of gold at the end of a fashionable rainbow!
US based Noble Energy and farm-in partners with Falkland Islands Oil and Gas (FOGL) visited the Falklands to meet with their partners and the Falklands government and to assess in-situ the oil related infrastructure.
Brazil’s central bank took control of Banco BVA SA (BVA), the seventh lender seized or bailed out by regulators since 2010, after finding violations of industry standards and deteriorating finances.